Venezuelan Minister Says OPEC's
Oil Output Need Not Be Raised

Dow Jones Newswires

Updated Aug. 27, 1999 12:01 a.m. ET

CARACAS, Venezuela -- There's no need for members of the Organization of Petroleum Exporting Countries to increase oil output before the current agreement expires in March 2000, the Venezuelan Oil Minister said Thursday.

"I don't see the indicators that point to an increase of output by OPEC members before March," Ali Rodriguez told Dow...